GEM vs. NZAC ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC)

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$35.39

Average Daily Volume

72,139

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NZAC

SPDR MSCI ACWI Climate Paris Aligned ETF

NZAC Description

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to exceed the minimum standards for a "Paris-Aligned Benchmark" under the EU BMR. A Paris-Aligned Benchmark is designed to align with a principal objective of the Paris Agreement to limit the increase in the global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Grade (RS Rating)

Last Trade

$36.79

Average Daily Volume

14,388

Number of Holdings ^*

367

* may have additional holdings in another (foreign) market

Performance

Period	GEM	NZAC
30 Days	7.66%	1.74%
60 Days	11.93%	8.23%
90 Days	7.85%	5.46%
12 Months	27.62%	35.58%

13 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in NZAC	Overlap
ASAI	F	0.04%	0.02%	0.02%
BABA	A	2.04%	0.3%	0.3%
BCH	D	0.09%	0.02%	0.02%
BIDU	B	0.16%	0.04%	0.04%
HDB	C	0.47%	0.14%	0.14%
KB	D	0.25%	0.01%	0.01%
LI	C	0.06%	0.13%	0.06%
PDD	B	0.8%	0.1%	0.1%
QFIN	A	0.17%	0.01%	0.01%
SCCO	B	0.1%	0.09%	0.09%
TCOM	A	0.16%	0.06%	0.06%
WIT	C	0.19%	0.07%	0.07%
WIT	C	0.19%	0.0%	0.0%

GEM Overweight 28 Positions Relative to NZAC

Symbol	Grade	Weight
IBN	C	0.81%
VALE	B	0.47%
SKM	C	0.22%
UMC	D	0.21%
SHG	C	0.21%
YUMC	B	0.21%
VIPS	B	0.2%
BGNE	B	0.12%
NU	D	0.12%
TME	B	0.11%
GGB	B	0.09%
KT	C	0.09%
ATHM	A	0.08%
BAP	B	0.07%
ABEV	B	0.07%
TAL	B	0.06%
CHT	C	0.06%
XP	F	0.05%
CSAN	D	0.05%
KEP	D	0.04%
BRFS	C	0.04%
ERJ	C	0.04%
BEKE	B	0.04%
LPL	D	0.04%
BVN	D	0.03%
PAGS	F	0.03%
BZ	B	0.03%
IQ	D	0.03%

GEM Underweight 354 Positions Relative to NZAC

Symbol	Grade	Weight
AAPL	C	-4.45%
MSFT	D	-4.05%
NVDA	C	-3.81%
AMZN	C	-2.15%
META	A	-1.67%
GOOG	B	-1.39%
AVGO	C	-1.11%
LLY	D	-1.1%
TSLA	C	-1.05%
GOOGL	B	-0.99%
JPM	D	-0.91%
EIX	A	-0.84%
UNH	B	-0.75%
V	C	-0.66%
JNJ	D	-0.64%
IBM	B	-0.63%
MA	A	-0.61%
ABBV	A	-0.61%
HD	A	-0.58%
SHW	B	-0.56%
MRK	F	-0.55%
ORCL	B	-0.54%
ADI	C	-0.5%
NVS	D	-0.45%
NFLX	A	-0.42%
ABBV	A	-0.4%
SPGI	C	-0.39%
XYL	C	-0.39%
TMO	C	-0.38%
BRK.A	C	-0.38%
ACN	B	-0.38%
CSCO	A	-0.37%
MCD	A	-0.37%
BAC	D	-0.36%
CRM	B	-0.35%
DLR	C	-0.35%
TJX	C	-0.35%
ADBE	F	-0.35%
AXP	A	-0.34%
WMT	A	-0.34%
ACM	C	-0.34%
NOW	C	-0.33%
ITW	A	-0.32%
EQIX	B	-0.32%
AMD	D	-0.31%
BSX	A	-0.29%
ISRG	A	-0.28%
AFL	A	-0.28%
QCOM	D	-0.27%
INTU	F	-0.27%
ETN	C	-0.26%
TXN	C	-0.26%
LOW	A	-0.25%
DIS	D	-0.24%
CB	A	-0.24%
BLK	A	-0.24%
CMCSA	B	-0.24%
MSI	A	-0.24%
SYK	C	-0.23%
BMY	B	-0.23%
DHR	C	-0.23%
PH	A	-0.23%
MDT	B	-0.23%
PLD	D	-0.23%
AMGN	D	-0.23%
PFE	D	-0.22%
PGR	C	-0.22%
ELV	F	-0.22%
PWR	B	-0.22%
MCO	D	-0.22%
UNP	D	-0.22%
VZ	A	-0.22%
PNR	C	-0.21%
MET	A	-0.21%
TD	C	-0.21%
MMC	D	-0.2%
FSLR	C	-0.2%
MS	B	-0.2%
GWW	A	-0.19%
WFC	D	-0.19%
ADP	A	-0.19%
ABT	B	-0.19%
BKNG	C	-0.19%
T	A	-0.18%
KLAC	B	-0.18%
SONY	C	-0.18%
ZTS	C	-0.18%
GLW	B	-0.18%
INTC	D	-0.17%
UBER	C	-0.17%
CBRE	A	-0.17%
ORLY	A	-0.17%
MELI	C	-0.16%
BX	C	-0.16%
CDW	D	-0.16%
PNC	C	-0.16%
FFIV	B	-0.16%
HPE	B	-0.15%
FAST	B	-0.15%
SCHW	D	-0.15%
SBUX	B	-0.15%
FI	A	-0.15%
AIG	F	-0.14%
ACGL	A	-0.14%
PRU	C	-0.14%
REGN	D	-0.14%
TRV	C	-0.14%
WELL	C	-0.14%
APO	A	-0.14%
VRTX	D	-0.14%
JNPR	B	-0.14%
SPG	A	-0.14%
AME	D	-0.14%
TDG	A	-0.14%
EBAY	A	-0.14%
DE	A	-0.14%
ICE	A	-0.13%
NKE	D	-0.13%
AMP	A	-0.13%
ALL	B	-0.13%
AMAT	B	-0.13%
PYPL	C	-0.12%
PSA	C	-0.12%
AVB	C	-0.12%
INFY	D	-0.12%
PANW	D	-0.12%
DEO	B	-0.12%
IQV	F	-0.12%
HIG	A	-0.12%
CME	A	-0.12%
AMT	C	-0.12%
NEM	C	-0.11%
COF	C	-0.11%
USB	C	-0.11%
KKR	A	-0.11%
PPG	D	-0.11%
LRCX	D	-0.11%
TMUS	A	-0.11%
BK	C	-0.11%
BDX	B	-0.11%
AZO	D	-0.1%
GIS	C	-0.1%
TDY	A	-0.1%
FTV	B	-0.1%
AON	A	-0.1%
ENPH	D	-0.1%
MRVL	C	-0.1%
APH	D	-0.1%
EW	F	-0.1%
SHOP	C	-0.09%
EQH	C	-0.09%
CSX	D	-0.09%
KDP	C	-0.09%
MU	D	-0.09%
WM	B	-0.09%
ESS	C	-0.09%
ALLE	A	-0.09%
ROST	C	-0.09%
CHD	C	-0.09%
MTB	C	-0.08%
REG	C	-0.08%
RVTY	B	-0.08%
WAB	A	-0.08%
CTSH	B	-0.08%
ROK	D	-0.08%
YUM	A	-0.08%
AIZ	A	-0.08%
RS	D	-0.08%
PAYX	A	-0.08%
LIN	B	-0.08%
CCI	C	-0.08%
BR	B	-0.08%
ADSK	B	-0.08%
SYF	B	-0.07%
KEYS	B	-0.07%
MKL	C	-0.07%
LEN	B	-0.07%
UPS	D	-0.07%
WRB	B	-0.07%
BXP	C	-0.07%
DHI	C	-0.07%
LULU	D	-0.07%
FTNT	A	-0.07%
WTW	B	-0.07%
AJG	D	-0.07%
CMG	C	-0.07%
DFS	C	-0.07%
AFG	C	-0.07%
MUFG	D	-0.07%
MTD	B	-0.07%
EQR	C	-0.07%
O	A	-0.07%
IDXX	D	-0.07%
RMD	C	-0.07%
VTR	C	-0.06%
HSY	D	-0.06%
NTAP	D	-0.06%
GILD	A	-0.06%
TRMB	B	-0.06%
IRM	A	-0.06%
RF	C	-0.06%
CINF	A	-0.06%
ECL	B	-0.06%
ANET	A	-0.06%
CHTR	D	-0.06%
FIS	C	-0.06%
A	B	-0.06%
GRMN	D	-0.06%
HUM	F	-0.06%
TTD	C	-0.05%
URI	C	-0.05%
HOLX	D	-0.05%
EL	D	-0.05%
GS	C	-0.05%
BRO	A	-0.05%
PCAR	D	-0.05%
ULTA	D	-0.05%
HSIC	D	-0.05%
BCS	C	-0.04%
CTAS	B	-0.04%
STZ	B	-0.04%
CPRT	B	-0.04%
NTRS	C	-0.04%
BIIB	F	-0.04%
PLTR	A	-0.04%
ALNY	C	-0.04%
NDAQ	C	-0.04%
LYV	A	-0.04%
CPAY	A	-0.04%
GPN	F	-0.04%
ERIE	A	-0.04%
IEX	D	-0.04%
AXON	A	-0.04%
TER	C	-0.04%
TROW	D	-0.04%
XPEV	B	-0.04%
CEG	B	-0.04%
VRSK	D	-0.04%
ABNB	D	-0.04%
ZBH	F	-0.04%
UHAL	A	-0.04%
PHM	A	-0.04%
EXR	C	-0.04%
POOL	B	-0.03%
BAX	D	-0.03%
GDDY	D	-0.03%
CSGP	F	-0.03%
XRX	D	-0.03%
MMM	C	-0.03%
DLTR	F	-0.03%
MNST	D	-0.03%
RJF	B	-0.03%
BAH	A	-0.03%
ALGN	D	-0.03%
STE	D	-0.03%
VICI	C	-0.03%
CCEP	C	-0.03%
NVR	A	-0.03%
VEEV	C	-0.03%
FOX	A	-0.03%
EFX	C	-0.03%
VLTO	A	-0.03%
IT	C	-0.03%
EG	B	-0.03%
LKQ	F	-0.03%
BURL	D	-0.03%
DXCM	F	-0.03%
CARR	A	-0.03%
SBAC	B	-0.03%
AZN	D	-0.03%
CBOE	A	-0.03%
OMC	C	-0.03%
AVTR	D	-0.03%
ILMN	B	-0.03%
FOXA	A	-0.03%
NSC	C	-0.03%
IPG	C	-0.02%
HBAN	D	-0.02%
PINS	D	-0.02%
TW	A	-0.02%
LYG	C	-0.02%
STT	C	-0.02%
TEVA	D	-0.02%
ZM	C	-0.02%
WST	D	-0.02%
ROL	B	-0.02%
BMRN	F	-0.02%
SEIC	B	-0.02%
DASH	A	-0.02%
TT	A	-0.02%
RPRX	B	-0.02%
VRT	B	-0.02%
PODD	C	-0.02%
COIN	F	-0.02%
DGX	B	-0.02%
WAT	B	-0.02%
ZBRA	A	-0.02%
SQ	D	-0.02%
MOH	D	-0.02%
SNOW	F	-0.02%
MAR	B	-0.02%
HEI	A	-0.02%
MRNA	F	-0.02%
ODFL	D	-0.02%
TFX	C	-0.02%
HLT	A	-0.02%
CTLT	A	-0.02%
WDAY	D	-0.02%
ROP	C	-0.02%
NIO	B	-0.02%
TGT	C	-0.02%
STLD	B	-0.01%
MBAVU	C	-0.01%
BBWI	F	-0.01%
PAYC	D	-0.01%
QGEN	D	-0.01%
MSTR	B	-0.01%
RIVN	F	-0.01%
SQ	D	-0.01%
WYNN	B	-0.01%
EPAM	F	-0.01%
SWKS	F	-0.01%
ALB	D	-0.01%
C	B	-0.01%
SUI	D	-0.01%
NXPI	F	-0.01%
MTCH	B	-0.01%
JKHY	A	-0.01%
SNAP	D	-0.01%
EA	D	-0.01%
DOCU	B	-0.01%
KVUE	C	-0.01%
CLX	B	-0.01%
BIO	B	-0.01%
EXAS	C	-0.01%
FDS	C	-0.01%
TECH	C	-0.01%
MKTX	C	-0.01%
INCY	B	-0.01%
NBIX	F	-0.01%
MAS	A	-0.01%
DOC	C	-0.01%
CG	C	-0.01%
TRU	A	-0.01%
Z	C	-0.01%
MKC	C	-0.01%
VMC	D	-0.01%
VRSN	B	-0.01%
SNA	A	-0.01%
ANSS	D	-0.01%
CRWD	D	-0.01%
WPC	C	-0.01%
ALLY	F	-0.01%
NIO	B	-0.0%